久久久无码人妻精品无码_6080YYY午夜理论片中无码_性无码专区_无码人妻品一区二区三区精99

Companies

Jailed tycoon loses battle for Gome

By Bao Chang (China Daily)
Updated: 2010-09-29 09:13
Large Medium Small

Jailed tycoon loses battle for Gome
Jailed tycoon loses battle for Gome

Chen Xiao is current chairman of Gome. 

Huang Guangyu?is founder of Gome Electrical Appliances.

Shareholders back management but reject plan to issue new shares

BEIJING - Jailed tycoon Huang Guangyu lost his battle to wrestle back control of Gome Electrical Appliances, China's second largest electronics retailer, in Hong Kong on Tuesday evening.

Shareholders voted against replacing Huang's successor and former protege, Chen Xiao, and another top executive, with Huang's sister and one of his lawyers.

Huang's resolutions to oust current chairman Chen and Vice-President Sun Yiding were both defeated by a vote of about 52 percent to 48 percent.

In total, four of the five motions raised by Huang were rejected but he turned the tables by 55 percent to 45 percent in a vote to revoke Gome's "general mandate" to issue new shares without first offering them to current shareholders, a move that could dilute his 32.47 percent majority shareholding in the company.

Huang is currently serving a 14-year jail term for insider trading, bribery and other crimes.

There was no immediate comment from Huang but a statement issued by a public relations firm on behalf of the "founding shareholders" noted the vote at the special shareholders' meeting on Huang's failed proposals was close.

They said they were "pleased to see the general mandate has been revoked".

Calling Gome's current board "unrepresentative", the statement said the company's new managers have "strayed from the path of profitable growth, resulting in deteriorating core competency and lost its industry leadership".

Huang has indicated that he might sell about 380 stores, out of Gome's 1,100, that he privately owns - a move that would undermine the company's dominance in the mainland market.

The Gome board called Tuesday's vote "a clear endorsement of the management's track record over the past two years".

The board added, however, that it is open to discussing company strategy with Huang.

Sang Baichuan, a professor at the University of International Business and Economics in Beijing, said that Chen's victory indicated that most shareholders were firm believers in the structure of modern corporate governance, which is vital if private Chinese companies want to compete globally.

Wang Ran, CEO of China eCapital, said in his blog that corporate governance must protect the interests of all investors, large and small.

The boardroom battle started in May 2010 when representatives of Huang vetoed a motion to elect three representatives onto the board.

In June 2009, US private equity company Bain Capital purchased $233 million in Gome bonds that were later converted into shares, giving it the right to appoint three of the company's directors.

Huang was concerned about the option plan proposed by Bain that could dilute his shares but his attempt in May 2010 to block the three directors was overruled by the board.

Jailed tycoon loses battle for GomeEnergy deals mark 'new era'
Related readings:
Jailed tycoon loses battle for Gome Jailed Gome founder responds to results
Jailed tycoon loses battle for Gome Gome shareholders reject move to oust chairman
Jailed tycoon loses battle for Gome Shareholders of Gome to decide fate of chairman
Jailed tycoon loses battle for Gome Huang calls for shareholders' support to control Gome
One week later, Huang was sentenced to 14 years in prison at a Beijing court. The ruling was upheld on Aug 31.

Chen Huanzhong, a partner at Global Law Office in Beijing, said that owners of private enterprises in China needed to realize that when they decide to float their companies they should be prepared to share the benefits with other investors.

Huang built the business up from scratch and at its peak his fortune was estimated at $6.3 billion.

Born into poverty, Huang moved to Beijing from his hometown in southern China and built a fortune selling televisions, air conditioners, washing machines and other accessories of a modern, affluent lifestyle.

But his fortunes dipped after he branched into real estate and financial dealings.

AP, AFP and Bloomberg contributed to this story.

久久久无码人妻精品无码_6080YYY午夜理论片中无码_性无码专区_无码人妻品一区二区三区精99

    成人小视频在线看| 国产日产欧美一区二区| 成人性生交视频免费观看| 青青青在线观看视频| 久草福利视频在线| 日本a在线天堂| 在线免费观看av的网站| 老司机激情视频| 污污的视频免费| 久久亚洲中文字幕无码| 午夜视频在线观| 无码人妻h动漫| 亚洲天堂第一区| 成年人三级黄色片| 精品国产免费av| 免费观看亚洲视频| 日本中文字幕二区| 成人免费观看视频在线观看| 日韩一二区视频| 成人黄色一级大片| 37pao成人国产永久免费视频| 成人毛片100部免费看| 欧美日韩中文不卡| 凹凸日日摸日日碰夜夜爽1| 99在线观看视频免费| 四虎1515hh.com| 在线免费观看av的网站| 国产精品亚洲a| 国产二区视频在线| 国产片侵犯亲女视频播放| 97人人爽人人| 日韩手机在线观看视频| 免费国产黄色网址| 日韩欧美精品免费| 桥本有菜av在线| 中文字幕剧情在线观看| 亚洲乱码国产一区三区| 日韩精品一区二区三区久久| 日韩成人三级视频| 三级在线免费观看| 老汉色影院首页| 三级黄色片免费观看| 日韩欧美国产片| 在线观看av网页| 欧美一级裸体视频| 国产区二区三区| 国产天堂在线播放| 九色91popny| 深夜黄色小视频| 亚洲免费999| 色乱码一区二区三区在线| 国产免费999| 啊啊啊国产视频| 99视频在线免费| 亚洲少妇久久久| 中文字幕第17页| 一区二区三区日韩视频| 青青草原网站在线观看| 九一免费在线观看| 国产青草视频在线观看| 日韩a∨精品日韩在线观看| 久久在线中文字幕| 亚洲精品mv在线观看| www.久久久精品| 爱豆国产剧免费观看大全剧苏畅| 亚洲视频一二三四| 免费观看黄色大片| bt天堂新版中文在线地址| 日本欧美黄色片| 日韩免费高清在线| www.色欧美| 日本一区二区三区四区五区六区| 免费观看亚洲视频| 亚洲 高清 成人 动漫| 超碰影院在线观看| 欧美特黄aaa| 国产盗摄视频在线观看| 国产精品无码电影在线观看 | 91小视频在线播放| 国产自偷自偷免费一区 | 免费无码不卡视频在线观看| 成人一级生活片| 欧美日韩在线中文| 在线观看免费视频高清游戏推荐| 中文字幕一区二区三区四区五区人| 婷婷视频在线播放| 免费看国产曰批40分钟| 国产三级三级三级看三级| caoporm在线视频| 精品少妇人欧美激情在线观看| 成人av一级片| 亚洲色图欧美自拍| 欧美又粗又长又爽做受| 黄色一级大片在线观看| 91pony九色| 国产九九九九九| 久久久久久久久久一区二区| 免费看欧美黑人毛片| 国产a级片免费观看| 热这里只有精品| 麻豆av免费在线| 久久人人爽人人片| 久久久999视频| 亚洲精品国产久| 久久综合九色综合88i| 亚洲国产高清av| 成人免费视频91| 少妇一级淫免费放| 亚洲人成无码网站久久99热国产| 亚欧激情乱码久久久久久久久| 国产免费一区二区视频| 波多野结衣xxxx| 欧美精品自拍视频| 欧美在线a视频| 欧美黄色免费影院| 免费看污污视频| 少妇黄色一级片| 国产96在线 | 亚洲| 涩涩网站在线看| www黄色日本| 菠萝蜜视频在线观看入口| 网站一区二区三区| 国产极品在线视频| 青青在线免费观看视频| 国产内射老熟女aaaa| 老司机午夜性大片| 国产偷人视频免费| 人妻少妇精品久久| 国产精品12p| 在线免费观看视频黄| 日本www在线视频| 免费国产成人看片在线| 亚洲欧洲日本精品| 成年人在线看片| 欧美精品99久久| 国产1区2区3区中文字幕| 亚洲综合在线一区二区| 中文字幕av不卡在线| 欧美私人情侣网站| 丝袜人妻一区二区三区| 穿情趣内衣被c到高潮视频| 午夜视频在线网站| 色婷婷狠狠18| 国产精品视频一区二区三区四区五区| 超碰97在线看| 午夜xxxxx| 在线免费黄色网| 亚洲精品免费一区亚洲精品免费精品一区| 成人在线观看a| 欧美牲交a欧美牲交aⅴ免费真| 日日摸日日碰夜夜爽无码| 日产精品久久久久久久蜜臀| 国产女人18毛片| 干日本少妇视频| 日韩成人午夜影院| 熟女熟妇伦久久影院毛片一区二区| 男人午夜视频在线观看| 天堂在线中文在线| 中文字幕亚洲欧洲| 想看黄色一级片| 久久综合在线观看| 香蕉精品视频在线| 国产成年人在线观看| 只有这里有精品| 国产盗摄视频在线观看| 路边理发店露脸熟妇泻火| 91免费网站视频| 99中文字幕在线观看| 国产一二三四五| 久久久久久久9| 久久精品视频16| 日本中文字幕片| 国产福利影院在线观看| 538任你躁在线精品免费| 国产高潮免费视频| 成人av毛片在线观看| 日本一级淫片演员| 免费人成在线观看视频播放| 日韩精品―中文字幕| 日韩中文字幕组| 中文字幕在线视频精品| 91免费网站视频| 国产日韩欧美精品在线观看| 精品人妻一区二区三区四区在线 | 黄色一级片黄色| 高清无码视频直接看| 国产va亚洲va在线va| 欧洲黄色一级视频| 浓精h攵女乱爱av| 中文 日韩 欧美| 97中文字幕在线| 日韩中文字幕三区| 五月天av在线播放| 成年人三级视频| 青青青免费在线| 牛夜精品久久久久久久| 三级网在线观看| 精品人妻少妇一区二区| 成人在线观看黄| 色男人天堂av|